Poorvika Mobiles Executive Accountant Interview Questions and Answers

Education in accounting or finance is relevant to retail as it provides the necessary skills for managing financial transactions and analyzing financial data.

• Accounting education helps in managing cash transactions accurately

• Finance knowledge is useful for analyzing sales data and financial performance

• Understanding financial statements is crucial for budgeting and forecasting in retail

• Knowledge of inventory management ...read more

General Accepted Accounting Principle refers to a common set of accounting standards and procedures used in the preparation of financial statements.

• GAAP ensures consistency and comparability in financial reporting

• GAAP includes principles such as the cost principle, revenue recognition principle, and matching principle

• GAAP is important for investors, creditors, and other stakeholders to make informed decisions based on

Excel fluency and team management are crucial for a Senior Accountant.

• Demonstrate proficiency in using Excel for financial analysis, data manipulation, and reporting.

• Highlight experience in creating complex formulas, pivot tables, and macros.

• Discuss your ability to handle large datasets and perform data analysis.

• Explain how you ensure accuracy and integrity of financial data in Excel.

• Describe your experience in trainin...read more